When Ken Randall retired in June after 20 years as dean of the University of Alabama's law school, he said he planned to work in the private sector. But he did not join a law firm. Instead, he went to work for a company that is partnering with universities to develop and deliver interactive online classes to students around the world.

It is cutting-edge, Randall said of his work with iLawVentures LLC. “Through technology, we are helping programs at bricks-and-mortar schools to reach people across the country and even around the world.”

As a dean, Randall helped develop an online program that allowed attorneys to earn master's degrees in taxation and business transactions from UA. That caught the attention of iLawVentures' parent company, iLawVentures Management Solutions of Naples, Fla. ...

Online courses and programs such as iLawVentures can bring in extra revenues that universities need, Randall said. The goal is to partner with interested universities to develop and deliver their courses across the state, across the country and even around the world, he said. If the partnership fails to generate revenue for the university, iLawVentures will earn nothing.